Brokerages Set Veritone, Inc. (NASDAQ:VERI) PT at $7.38

Veritone, Inc. (NASDAQ:VERI) has been assigned a consensus rating of “Hold” from the five ratings firms that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $7.3750.

Several brokerages recently commented on VERI. HC Wainwright reiterated a “buy” rating and set a $9.00 target price on shares of Veritone in a report on Monday, March 30th. UBS Group assumed coverage on Veritone in a research note on Monday. They set a “neutral” rating and a $2.50 price objective for the company. D. Boral Capital restated a “buy” rating and set a $8.00 price objective on shares of Veritone in a research note on Wednesday, April 15th. Finally, Wall Street Zen lowered Veritone from a “hold” rating to a “sell” rating in a research note on Saturday, March 21st.

Institutional Investors Weigh In On Veritone

A number of institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in Veritone by 63.1% during the 3rd quarter. Vanguard Group Inc. now owns 2,754,165 shares of the company’s stock valued at $13,275,000 after purchasing an additional 1,065,460 shares during the period. Banta Asset Management LP acquired a new position in Veritone during the 4th quarter valued at approximately $12,268,000. Cooper Creek Partners Management LLC acquired a new position in Veritone during the 3rd quarter valued at approximately $11,718,000. Marshall Wace LLP boosted its position in Veritone by 16,314.3% during the 3rd quarter. Marshall Wace LLP now owns 1,676,397 shares of the company’s stock valued at $8,080,000 after purchasing an additional 1,666,184 shares during the period. Finally, Geode Capital Management LLC boosted its position in Veritone by 81.4% during the 4th quarter. Geode Capital Management LLC now owns 984,749 shares of the company’s stock valued at $4,581,000 after purchasing an additional 441,875 shares during the period. 39.18% of the stock is currently owned by institutional investors.

Veritone Stock Performance

Veritone stock opened at $1.71 on Monday. The firm has a market capitalization of $158.94 million, a price-to-earnings ratio of -3.72 and a beta of 2.23. Veritone has a fifty-two week low of $1.22 and a fifty-two week high of $9.42. The stock’s fifty day moving average is $2.06 and its two-hundred day moving average is $3.31.

Veritone (NASDAQ:VERI) last posted its quarterly earnings data on Wednesday, April 15th. The company reported $999.00 EPS for the quarter. Veritone had a negative return on equity of 198.79% and a negative net margin of 117.88%. As a group, sell-side analysts forecast that Veritone will post -0.29 EPS for the current fiscal year.

Key Veritone News

Here are the key news stories impacting Veritone this week:

• Negative Sentiment: Multiple law firms, including Rosen, Hagens Berman, Faruqi & Faruqi, The Gross Law Firm, and others, are actively soliciting investors for a securities class action tied to Veritone’s alleged improper revenue accounting and the company’s admission that certain prior financial statements should no longer be relied upon. Article Title
• Negative Sentiment: The lawsuits target investors who bought VERI between October 14, 2025 and April 14, 2026, with a key lead plaintiff deadline of July 20, 2026, keeping legal risk and uncertainty in focus for shareholders. Article Title
• Neutral Sentiment: One unrelated headline highlighted Veritone AI’s work with the Cold Case Foundation on the JonBenét Ramsey case re-examination, which may support the company’s AI brand but is unlikely to offset the overhang from the legal news. Article Title

About Veritone

Veritone, Inc (NASDAQ: VERI) is a technology company specializing in artificial intelligence solutions for media, legal, government and enterprise applications. Its flagship offering, aiWARE™, is a cloud-based operating system that orchestrates and automates an ecosystem of machine learning models to transform unstructured data—such as audio, video and text—into actionable intelligence. By providing a modular AI environment, Veritone enables organizations to deploy, manage and scale cognitive engines that address diverse use cases from transcription and translation to sentiment analysis and facial recognition.

Through aiWARE and its suite of purpose-built applications, the company delivers turnkey solutions for content licensing, media monitoring, eDiscovery, compliance and public safety.